$SOLV starting to look like the sleeper BTCfi play that actually matters
12k+ BTC on-chain, 90%+ utilization on $USD1, cross-chain, vaults, CEX listings, now infra rails into Solana / Stellar / Canton
People still treating @SolvProtocol like a narrative coin
Feels more like base-layer BTC liquidity standard in progress
Slowly realising how big @SolvProtocol might get if they really nail this btcfi thing
You’ve got solvbtc acting like the “default” btc collateral on lista with $usd1 loans sitting at 91% utilization, over $74m borrowed against it, and 12k+ btc sitting in on-chain reserves actually doing work instead of gathering dust
Add in cross-chain movement, btc+ structured vaults, pulling in retail, mica-aligned listings on bitpanda/bitvavo for the normies, and now expansion into solana, stellar, canton for the institutions
Feels less like another narrative coin and more like watching a liquidity standard being born in real time
Tell me I’m coping or tell me I’m early, but I don’t think the market has fully priced $SOLV yet

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